Walmart Q2 hit by price cuts, e-commerce spending - Retail Dive

Walmart Q2 hit by price cuts, e-commerce spending - Retail Dive

Walmart Q2 hit by price cuts, e-commerce spending Retail Dive Walmart on Thursday said that its second quarter gross profit margin decreased 11 basis points to 25%, with price reductions in key markets and the growing mix of its e-commerce business hitting the gross margin rate. Total revenue in the quarter rose ... and more »